Ethereum Price Breakout Sets Stage For Rally Toward $5,400 – Analyst

Ethereum Price Breakout Sets Stage For Rally Toward $5,400 – Analyst

Ethereum (ETH) prices increased by over 7% in the past week, amid a general crypto market price bounce inspired by a heightened potential for US rate cuts in the coming months. The largest altcoin now trades within the $4,700 price region following a stiff rejection from $4,800. However, recent candle formation backs Ethereum’s potential to overcome this opposition, with the immediate major resistance level tipped to still lie far ahead. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Ethereum Eyes $5,400 Following Bull Flag Breakout In an X post on August....


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